4th and 5th Tranche of Aatma Nirbhar Bharat Abhiyan—By FM Minister

Current Context: Fourth and the fifth part of the economic relief package for Aatma Nirbhar Bharat Abhiyan was launched by Finance Minister Nirmala Sitharaman.

The decision to bring commercial mining under the coal sector by introducing a revenue-sharing mechanism was introduced in the fourth part of the economic relief package.

Coal gasification/ liquefication will be incentivized through rebate in revenue share, thereby having a lower environmental impact and it will also be led to switching to the gas-based economy.

‘Make in India’ to be introduced in the defence sector in order to make India self-reliant in terms of the defense sector. FDI limit from 49% to 74% will be increased in defense manufacturing.

Aviation sector to be injected with Rs 1000 crores per year.

Public-Private Partnership will be utilized to auction 6 more airports by AAI.

In order to create social infrastructure projects, the government has made provision of Rs 8100 crores which will go in the form of the Viability Gap Funding scheme.

PM-e VIDYA program to be launched which will consist DIKSHA program to grant ‘one nation one digital platform’ for the school education.

Also, the FM minister declared to launch one earmarked TV channel per class from 1st to 12th which will be based on the concept of ‘ one class, one channel’.

‘Manodarpan’ initiative will be launched to provide psychosocial support to the students.

Also as per the center's request, RBI has increased: - (a) Ways Means Advance limits of the state by 60% (b) Number of days state can be in continuous overdraft from 14 days to 21 days (c) Number of days state can be in overdraft in the quarter from 32 days to 50 days.

Also, the FM minister announced that states net borrowing ceiling for 2020-21 is Rs 6.41 lakh crores based on 3% GDP.

Question:

Q.1 How much finds will be injected every year in the aviation sector as per the economic relief package under Aatma Nirbhar Bharat Abhiyan? a. Rs 1000 crores
b. Rs 2000 crores
c. Rs 3000 crores
d. Rs 4000 crores

About me

My name is Ramandeep Singh. I authored the Quantitative Aptitude Made Easy book. I have been providing online courses and free study material for RBI Grade B, NABARD Grade A, SEBI Grade A and Specialist Officer exams since 2013.